aSEVERAL countries recording rapid economic growth rates for the past half century have pursued an outward-oriented economic development strategy. Outward orientation of those countries is regarded as having contributed to rapid economic growth because of, among other reasons, economies of scale arising ...
For example, suppose the demand for a company's product has receded due to its expensive price. The company can regain its share of the market by innovating its manufacturing or supply chain processes for a lower product price. The new equilibrium, however, might be one where the company ha...
aAlthough the Ningxia agricultural product export trade sustained growth and stability, but with the rapid development of economy and the upgrade of Chinese Ningxia economic and industrial structure, increase driven by the interests and the Doha negotiations remain stagnant and various trade barriers, an...